New Delhi [India], November 3 (ANI): The sharp rise in GST collections following the recent rate rationalisation in late September 2025 indicates sustained consumer demand during the festive season, according to a government statement released on Sunday.
“The steady performance of the Indian economy demonstrates the resilience of India’s domestic consumption and the expanding tax base under the GST regime,” the statement from the PIB Headquarters titled “GST Revenue Soars in October 2025” said.
Gross Goods and Services Tax (GST) collections for October 2025 stood at Rs 1,95,936 crore, marking a 4.6 percent rise from Rs 1,87,346 crore collected in the same month last year. During the month, collections of Central GST, State GST, and Integrated GST increased year-on-year, while cess collections dipped slightly, data showed.
According to official data, the gross GST revenue for the financial year up to October 2025 reached Rs 10,40,055 crore, compared to Rs 9,65,138 crore in the same period a year ago, representing an overall growth of 7.8 percent.
Within the total, domestic revenues grew by 2 percent—from Rs 1,42,251 crore in October 2024 to Rs 1,45,052 crore in October 2025—while revenue from imports rose by 12.9 percent, indicating stronger trade flows and import activity during the month.
For the April–October 2025-26 period, GST collections rose 9 percent to about Rs 13.89 lakh crore, compared to Rs 12.74 lakh crore during the same period last fiscal. All components—CGST, SGST, and IGST—showed growth, while cess declined.
Refunds under GST also registered a notable increase, rising by 39.6 percent overall. Domestic refunds grew by 26.5 percent, while import-related refunds surged by 55.3 percent. Domestic refunds increased from Rs 10,484 crore in October 2024 to Rs 13,260 crore in October 2025, and import refunds rose from Rs 8,808 crore to Rs 13,675 crore.
After accounting for refunds, the total net GST revenue for October 2025 stood at Rs 1,69,002 crore, marking a marginal monthly rise of 0.6 percent and a yearly increase of 7.1 percent compared to Rs 1,68,054 crore in October 2024.
Government data also showed that industrial and service-oriented states such as Maharashtra, Karnataka, Gujarat, Tamil Nadu, and Haryana together contributed over 40 percent of the total GST revenue, underscoring their role as key economic hubs.
The statement further noted that state-wise trends reflected broad-based growth across regions in both pre-settlement and post-settlement GST revenues. Post-settlement figures include each state’s share of Integrated GST (IGST), further strengthening their fiscal positions. (ANI)
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